Christie’s Paris prepares to unveil two extraordinary collections that will reshape our understanding of French modernism. More than 120 previously unseen works by Pierre Bonnard and Henri Matisse will hit the auction block this April, sourced directly from the artists’ most intimate circles.
Two Collections, One Extraordinary Moment
The announcement came March 10th, revealing collections that read like art historical fiction. Dans l’intimité de Pierre Bonnard: Collection Claude Terrasse opens April 14th with works from Bonnard’s great-nephew and sole godson. Running concurrently, Henri Matisse: tracer le lien, œuvres sur papier de la Fondation Pierre et Tana Matisse presents an online sale from April 9th to 17th.
Estimates reach €600,000. These aren’t just sales but cultural events decades in the making, similar to the anticipation surrounding Christie’s Paris First Gesture Auction featuring Carracci.
The Bonnard Legacy: A Family Affair
Claude Terrasse (1925-2008) never intended to become an art dealer. As Bonnard’s great-nephew and godson, he inherited paintings, gouaches, drawings, and lithographs that had lived quietly in family homes for generations. His grandfather, composer Claude Terrasse (1867-1923), had been Bonnard’s brother-in-law and close friend, collecting works that documented their artistic collaboration.
Now those works emerge into public view for the first time.
Midi au jardin: The Crown Jewel
Midi au jardin
Oil on canvas
54 x 60.7 cm.
Painted in 1946
Est. €400,000-600,000
© Christie’s Images Limited 2026
The sale’s headline lot, Midi au jardin (€400,000-600,000), captures Bonnard at his most accomplished. Painted in 1946 at his villa Le Bosquet in Le Cannet, this 54 x 60.7 cm oil on canvas shows the Mediterranean landscape that consumed his final years. Like Cézanne with Mont Sainte-Victoire, Bonnard returned obsessively to his garden, studying how light shifted through seasons and hours.
Created just one year before his death, the painting pulses with the wisdom of a lifetime spent chasing light.
Early Rarities from the Nabis Years
La Rue. Homme aux prises avec deux chiens (€250,000-350,000) transports us to Bonnard’s Nabis period, circa 1895. This oil and black chalk on panel has no equivalent in his known works. The street scene, viewed from Bonnard’s characteristic low angle, features dogs (his favourite subjects and constant companions) scrambling across cobblestones rendered in meticulous detail.
The painting contains everything that would define Bonnard’s approach: everyday subjects, unusual viewpoints, and pattern as compositional structure.
Marthe in the Bath: Intimacy Preserved
A vibrant gouache of Marthe, Bonnard’s wife, in her bathtub (€150,000-250,000) serves as the final preparatory study for Nu à la baignoire (1931), now in the Centre Pompidou. These bathroom scenes became Bonnard’s signature, intimate moments elevated to high art through his extraordinary command of color.
The gouache glows with the same chromatic intensity that makes the finished painting legendary.
Music and Art Intertwined
The collection reveals a unique collaboration between composer and painter. Le Petit Solfège, created by Claude Terrasse and illustrated by Bonnard, represents their artistic friendship in tangible form. Bonnard also illustrated the composer’s “Petites scènes familières,” childhood piano pieces featuring baby Jean Terrasse.
Villa Bach programmes, designed by Bonnard for musical evenings at Andrée and Claude Terrasse’s Arcachon home, showcase his versatility in applied arts. A charming charcoal Portrait de Claude Terrasse (€1,000-1,500) captures the personal bond between artist and patron.
Portrait de Claude Terrasse
Charcoal on paper
18.2 x 14.8 cm
Est. €1,000-1,500
© Christie’s Images Limited 2026
Matisse Foundation: Art Meets Social Mission
The Matisse collection tells a different story. These works on paper come from the Pierre and Tana Matisse Foundation, established by the artist’s son Pierre Matisse (himself a successful gallerist) and his wife Tana. Never before offered publicly, they span Matisse’s complete mastery of works on paper.
This sale benefits arts education in underserved New York communities. Art collecting as social responsibility.
Drawing with Authority
Femme allongée
Charcoal on paper
40.3 × 52.5 cm
Executed in 1944
Est. €50,000-70,000
© Christie’s Images Limited 2026
Femme allongée (€50,000-70,000), a 1944 charcoal measuring 40.3 × 52.5 cm, shows Matisse’s mature drawing style at its most confident. Every line counts. Nu debout (€40,000-60,000) offers another perspective on his figure studies, while Odalisque voilée (€8,000-12,000) revisits the Orientalist themes that fascinated him since his North African travels.
A rare 1944 lithograph Autoportrait on Arches vellum (€1,800-2,500) provides introspective access to the artist’s self-perception.
Autoportrait
lithography on Arches vellum paper
43 x 34 cm
Executed en 1944
Est. €1,800-2,500
© Christie’s Images Limited 2026
La Danse: Movement Captured
La danse
Color etching on Arches vellum paper
23.6 x 74 cm
Executed in 1935
Est. €50,000-70,000
© Christie’s Images Limited 2026
La Danse, a 1935 color etching on Arches vellum (€50,000-70,000), measures 23.6 x 74 cm of pure rhythm. The elongated format allows dancing figures to flow endlessly across the composition, echoing themes from his monumental dance paintings including the version at the Musée d’Art Moderne de Paris.
Movement becomes sculpture in two dimensions.
Foundation Impact: $50 Million and Counting
The Pierre and Tana Matisse Foundation has contributed over $50 million to 800 organizations since 2003. Beneficiaries include 826 NYC (creative writing education), Brooklyn Arts Exchange (intergenerational arts programming), and the Bronx Documentary Center (community-based documentary practices).
Harlem Stage champions Global Majority artists, while the New Museum’s NEW Futures Fellowship empowers young immigrants through arts leadership. The Brooklyn Museum uses Foundation support to build community connections through art.
Every bid supports the next generation of artists.
Accessible Collecting Across All Levels
The Matisse collection spans €800 to €70,000, opening doors for emerging collectors. This democratic approach reflects broader market evolution, where auction houses recognize the importance of nurturing new collecting voices alongside established ones.
The online format eliminates geographical barriers. Global participation without passport requirements.
Investment and Cultural Value
Both artists maintain strong market performance with consistent institutional interest. The impeccable provenance (family collections, artist foundations) adds authenticity that sophisticated collectors demand. But cultural significance transcends monetary considerations, offering insights into working methods, personal relationships, and creative development.
These aren’t just artworks but historical documents, similar to the recent discoveries like the Michelangelo drawing discovery.
Exhibition and Sale Logistics
The Bonnard collection shows April 9th-14th, culminating in live auction on April 14th. Matisse works display April 9th-16th, with online bidding running April 9th-17th. Christie’s expertise ensures comprehensive cataloguing, condition reports, and scholarly research for each lot.
The hybrid format (live auction plus online-only sale) maximizes global participation while maintaining auction excitement.
April 2026: A Watershed Moment
These sales transcend commerce to become art historical events. Works that remained private for decades finally enter public consciousness. The Matisse Foundation’s charitable mission adds social responsibility to cultural significance.
For Christie’s, these collections reinforce its position as the world’s leading auction house. For collectors, they offer rare access to works that bridge private appreciation and public heritage, reflecting the resilient art market trends we’ve seen globally.
When the gavel falls, 120 works will find new homes. But their stories, preserved through family devotion and institutional commitment, will continue inspiring future generations. French modernism lives on through careful stewardship and generous vision.
That’s the real masterpiece here.
*Images: Christie’s




